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Gas Shales: February, 2010



 



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Range Resources 2009 Production and Reserves Up


Saturday, February 27th, 2010

Range Resources has their 2009 production, reserves and drilling activity posted on the web. Their production increased 13% and their proved reserves were up by 18% with a leasehold position of 2.5 million net acres.


Major Oil Companies Looking for Shale Gas in Europe


Saturday, February 27th, 2010

An article on The Vancouver Sun website explains how most of the major oil companies are looking for shale gas in Europe. A big problem is that there are currently very few rigs there.


Utica Shale Gas Play in Quebec


Saturday, February 27th, 2010

QuebecAn article on TheGlobeAndMail website reports on early results in the Utica Shale Gas Play in Quebec, Canada which could contain 20 trillion cubic feet of natural gas.


The “Natural Gas Act” Promotes Use as a Transportation Fuel


Saturday, February 27th, 2010

Natural Gas VehiclesThe Houston Chronicle reports on the “Natural Gas Act” – legislation that could expand the use of natural gas as a transportation fuel by providing tax incentives for natural gas vehicles and refueling stations. Versions of the bill are in the House and Senate.


The Duvernay Gas Play


Saturday, February 27th, 2010

An article in The Vancouver Sun reports on a Canadian shale gas play known as the “Duvernay” that is expected to bring hundreds of millions of dollars in auction revenues to the Province of Alberta.


Huge LNG Terminals To Ship in 2014


Saturday, February 27th, 2010

In addition to the large amount of natural gas being produced from shale several huge LNG projects expected to ship their first gas in 2014 and 2016. More in an article on the Gerson Lehrman Group website.


More Inspectors and Higher Fees in Pennsylvania


Saturday, February 27th, 2010

An article in the Pittsburgh Post-Gazette reports that the Pennsylvania Department of Natural Resources is going to increase the number of inspectors assigned to oversee natural gas drilling by 50%. Fees paid by companies who want to drill in the state will also be will also be significantly increased.


Storing Pennsylvania Hydrofrack Water in New York?


Sunday, February 21st, 2010

An article on the Syracuse.com website reports that Chesapeake Energy wants to store 663 million (??) gallons of hydrofrack water produced in Pennsylvania in a well about a mile from Keuka Lake.

Storing Hydrofracking Wastewater near Keuka Lake

House Commerce and Energy Committee on Hydraulic Fracturing Chemicals


Sunday, February 21st, 2010

The House Commerce and Energy Committee is writing to oil field service companies to get information on the chemicals used in hydraulic fracturing and environmental impacts. More in an article in the Houston Chronicle.


Asian Countries Investing in Shale Plays


Sunday, February 21st, 2010

An article on the MSNBC.com website reviews some of the investments that Asian countries are making in natural gas shales – both in the United States and in Asia.


Home Rule and Natural Gas Drilling


Sunday, February 21st, 2010

Calvin Tillman, the Mayor of Dish, Texas gave a two hour presentation on how to prevent the harmful effects of natural gas drilling at the Elmira Heights Theater in Elmira Heights, New York. He encouraged local officials to “take control” of what happens in their jurisdiction. More at The Online Leader.


New York and Hydrofracking Waste Water


Sunday, February 21st, 2010

Drilling and hydrofracking a well in one of the natural gas plays such as the Marcellus or Haynesville requires at least a million gallons of water with chemical additives and will become salty when it comes in contact with subsurface brines. An article on the Reuters website explores this problem in New York.


LNG Imports


Sunday, February 21st, 2010

Imports of LNG to the continental United States rose 29 percent or 100 Bcf in 2009 to a total of 452 Bcf, according to the U.S. Department of Energy’s Office of Fossil Energy. Five countries supplied U.S. LNG imports during the year: Egypt, Trinidad and Tobago, Nigeria, Norway, and Qatar. More…


Bloom Box – A Natural Gas Fuel Cell?


Sunday, February 21st, 2010

Bloom Energy is introducing a new invention called the “Bloom Box”. It is a solid-oxide fuel cell capable of running on biomass or natural gas. A few are already in the field. More on the VentureBeat website.


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Shale as a Long-Term Income Stream


Thursday, February 18th, 2010

An article in the Houston Chronicle explores why major oil companies have taken an interest in natural gas shales. Part of the reason is that the resource has a long lifetime.

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